This compound is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various bioactive molecules. Its structure, featuring a fluorinated piperidine ring, makes it valuable in the development of drugs targeting the central nervous system, particularly for neurological and psychiatric disorders. The presence of both fluorine and hydroxyl groups allows for precise modulation of pharmacokinetic properties, enhancing drug efficacy and selectivity. Additionally, it is employed in the creation of enzyme inhibitors and receptor modulators, contributing to advancements in medicinal chemistry and drug discovery.